---
title: "环保组织诉请撤销金德摩根52亿美元管道审批,公司同期力推13亿美元新线"
description: "10月1日,多家环保组织和土地所有者向联邦上诉法院提出申请,要求撤销金德摩根密西西比穿越(Mississippi Crossing)与南系统扩建4期(South System Expansion 4)合计52亿美元项目的审批;而在田纳西州中部,这家公司已在为下一段造价13亿美元的线路锁定用地。"
publisher: "The Inference"
section: "Energy"
published: 2026-10-14T20:36:09.098Z
modified: 2026-10-14T20:36:09.098Z
canonical: https://theinference.org/article/environmental-groups-ask-to-unwind-kinder-morgan-s-5-2-billion-pipelines-as-it-pitches-a-1-3-billion-one/zh-CN
language: zh-CN
keywords: "Kinder Morgan, Pipelines, Natural Gas, FERC, Energy Demand"
---

# 环保组织诉请撤销金德摩根52亿美元管道审批,公司同期力推13亿美元新线

> 10月1日,多家环保组织和土地所有者向联邦上诉法院提出申请,要求撤销金德摩根密西西比穿越(Mississippi Crossing)与南系统扩建4期(South System Expansion 4)合计52亿美元项目的审批;而在田纳西州中部,这家公司已在为下一段造价13亿美元的线路锁定用地。

本月,田纳西州中部十个县的土地所有者陆续接到金德摩根土地代理人的[信函和后续来电](https://www.carthagecourier.com/2026/10/13/officials-say-billion-dollar-natural-gas-pipeline-needed-with-demand/),对方为拟建的造价13亿美元的天然气管道“东南连接线”征求测量许可[1]。条件十分具体:允许测量队进入自家地块可得500美元;地役权带宽50英尺;[仅在科菲县一县,线路就将涉及99处地块](https://www.tullahomanews.com/news/2026/10/13/natural-gas-pipeline-to-cross-coffee-county/)[6][7]。

## 逐县拼起来的走廊

这条管道将由南方天然气公司(SNG)铺设。该公司由[金德摩根](https://theinference.org/markets/companies/kinder-morgan)(纽交所代码:KMI)与南方电力公司(纽交所代码:SO)各持股50%合资组建,计划铺设约150英里长的48英寸管道,把田纳西天然气管道系统接入SNG网络[6][7]。金德摩根称该项目“由市场驱动”、“不花纳税人一分钱”[1]。8月,联邦能源监管委员会(FERC)批准了造价合计52亿美元的[密西西比穿越与南系统扩建4期](https://theinference.org/article/ferc-approved-5-2-billion-of-gas-pipe-on-data-center-forecasts-a-court-will-now-ask-who-needs-it)项目组合——两者分别投入17亿美元和35亿美元——并据此认证了整条走廊[2][5];这条新线正是走廊的最新一段。截至6月30日,[金德摩根的项目储备达96亿美元](https://www.theglobeandmail.com/investing/markets/stocks/KMI-N/pressreleases/3411587/kinder-morgan-reports-second-quarter-2026-financial-results/),其中约92%为天然气项目,逾60%与发电挂钩,资金几乎全部来自公司自身现金流[5]。

## 首席财务官给出的需求论证

[首席财务官戴维·米歇尔斯9月下旬在一场炉边谈话中透露](https://finance.yahoo.com/energy/articles/kinder-morgan-sees-6b-7b-160247061.html),在南方电力公司、多米尼恩能源(Dominion)、杜克能源(Duke)、佛罗里达电力照明公司(FPL)和田纳西河流域管理局(TVA),大型负荷的接入申请合计已超过200吉瓦,其中逾50吉瓦已有实质进展,若这些负荷全部以天然气发电,相当于每天超过80亿立方英尺的用气量[8]。“219 South”开放季(open season)以每日最高53万dekatherm(约合5.1亿立方英尺)的运力征集意向,[反响“非常强劲且积极”](https://marcellusdrilling.com/2026/10/kinder-says-tgp-219-south-pipeline-could-be-multiple-times-bigger/),最终项目规模可能是这一运力的数倍[3][8]。东南连接线自身的开放季已于10月7日截止,公司承诺在下一次财报电话会上公布结果[8]。

## 批文遭诉,管道停输两日

10月1日,南方环境法律中心(SELC)、[塞拉俱乐部](https://theinference.org/markets/companies/sierra)的代理律师、十家社区与环保组织以及两名土地所有者,[请求美国哥伦比亚特区联邦巡回上诉法院撤销这两个合计52亿美元项目的许可证书](https://marcellusdrilling.com/2026/10/called-it-big-green-takes-kinders-msx-sse4-pipelines-to-court/)[2];[SELC官网首页现已发起反对“我们不需要的50多亿美元管道”的宣传行动](https://www.selc.org/news/)[9]。这套系统同时也暴露出一道裂缝:在隔离了向墨西哥里奥布拉沃(Rio Bravo)与Cenagas计量站供气的管段之后,[田纳西天然气公司于10月6日宣布不可抗力](https://www.bloomberg.com/news/articles/2026-10-08/kinder-morgan-lifts-force-majeure-on-us-mexico-gas-pipeline),10月8日予以解除,再度引发墨西哥对依赖美国天然气的担忧[4]。金德摩根的支出说明了它押注的方向:[第二季度单季资本支出达9.82亿美元,创12个季度新高](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001506307),同比增长52%[11]。

*Chart: **2026年第二季度资本支出创12个季度新高，同比增长52%** 金德摩根季度资本支出折线图，时间跨度为2024年第三季度至2026年第二季度，从约6.6亿美元升至9.82亿美元。*

*季度资本支出，以美元计，数据来自金德摩根提交美国证交会(SEC)的文件，未经年化；峰值季度恰逢东南部项目获批开建。 [11]*

## 10月21日见分晓

[KMI将于10月21日公布第三季度业绩](https://finance.yahoo.com/energy/articles/kinder-morgan-announces-third-quarter-123000088.html)，米歇尔斯承诺将在此次财报电话会上披露东南连接线的更多细节[8][10]。[FERC的预申报(pre-filing)程序将于本季度启动](https://www.lebanondemocrat.com/maconcounty/news/southeast-connector-project-will-run-through-macon-county/article_f9e24cf0-1d9e-5aac-9c9c-70d31174cba9.html)，正式程序定于12月开启[7]。首份许可证书能否经受住审查尚无定论，金德摩根已着手锁定下一条管道的线路。

## Takeaway

金德摩根花钱的样子,仿佛东南部天然气走廊大局已定:资本支出创12个季度新高,项目储备达96亿美元,造价13亿美元的新线路正在锁定路由;而一纸诉状正寻求撤销支撑这条走廊的52亿美元审批。

## Sources

1. [Carthage Courier, "Officials say billion dollar natural gas pipeline needed with demand", 13 October 2026](https://www.carthagecourier.com/2026/10/13/officials-say-billion-dollar-natural-gas-pipeline-needed-with-demand/)
2. [Marcellus Drilling News, "Called It: Big Green Takes Kinder's MSX & SSE4 Pipelines to Court", 5 October 2026](https://marcellusdrilling.com/2026/10/called-it-big-green-takes-kinders-msx-sse4-pipelines-to-court/)
3. [Marcellus Drilling News, "Kinder Says TGP 219 South Pipeline Could Be Multiple Times Bigger", 5 October 2026](https://marcellusdrilling.com/2026/10/kinder-says-tgp-219-south-pipeline-could-be-multiple-times-bigger/)
4. [Bloomberg, "Kinder Morgan Lifts Force Majeure on US-Mexico Gas Pipeline", 8 October 2026](https://www.bloomberg.com/news/articles/2026-10-08/kinder-morgan-lifts-force-majeure-on-us-mexico-gas-pipeline)
5. [Business Wire via The Globe and Mail, "Kinder Morgan Reports Second Quarter 2026 Financial Results", 22 July 2026](https://www.theglobeandmail.com/investing/markets/stocks/KMI-N/pressreleases/3411587/kinder-morgan-reports-second-quarter-2026-financial-results/)
6. [Tullahoma News, "Natural gas pipeline to cross Coffee County", 13 October 2026](https://www.tullahomanews.com/news/2026/10/13/natural-gas-pipeline-to-cross-coffee-county/)
7. [Lebanon Democrat (Macon County), "Southeast Connector Project will run through Macon County", 30 September 2026](https://www.lebanondemocrat.com/maconcounty/news/southeast-connector-project-will-run-through-macon-county/article_f9e24cf0-1d9e-5aac-9c9c-70d31174cba9.html)
8. [MarketBeat via Yahoo Finance, "Kinder Morgan Sees $6B–$7B Growth Runway as Southeast Gas Demand Surges", 30 September 2026](https://finance.yahoo.com/energy/articles/kinder-morgan-sees-6b-7b-160247061.html)
9. [Southern Environmental Law Center newsroom, front page featuring "Federal agencies are pushing a $5B+ pipeline we don't need", accessed 14 October 2026](https://www.selc.org/news/)
10. [Business Wire via Yahoo Finance, "Kinder Morgan Announces Third Quarter '26 Earnings Webcast", 14 October 2026](https://finance.yahoo.com/energy/articles/kinder-morgan-announces-third-quarter-123000088.html)
11. [Kinder Morgan quarterly figures from its SEC filings (via company_series), retrieved 14 October 2026](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001506307)


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环保组织诉请撤销金德摩根52亿美元管道审批,公司同期力推13亿美元新线 — The Inference. Canonical: https://theinference.org/article/environmental-groups-ask-to-unwind-kinder-morgan-s-5-2-billion-pipelines-as-it-pitches-a-1-3-billion-one/zh-CN